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$ 2,200,000
Est. payment | /mo
10,925 SqFt
$ 2,200,000
Est. payment | /mo
10,925 SqFt
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Square Footage 10,925 sqft
Price per Sqft $201
MLS Listing ID A11598701
HOA Y/N No
Year Built 1952
Annual Tax Amount $17,985
Lot Size 0.251 Acres
Property Description
Located in Hollywood, FL, Richard’s Portfolio benefits from high visibility and accessibility, making it an ideal investment in a bustling and rapidly growing market.
Street View: Enjoy excellent street visibility and access, enhancing the property's appeal to potential tenants and guests.
Investment Highlights:
Strong CAP Rate: The portfolio offers a solid 6% CAP rate, providing investors with an attractive return on investment.
Growth Potential: Hollywood, FL, is a dynamic market with robust tourism and business activity, offering strong demand for both multifamily and motel accommodations.
Street View: Enjoy excellent street visibility and access, enhancing the property's appeal to potential tenants and guests.
Investment Highlights:
Strong CAP Rate: The portfolio offers a solid 6% CAP rate, providing investors with an attractive return on investment.
Growth Potential: Hollywood, FL, is a dynamic market with robust tourism and business activity, offering strong demand for both multifamily and motel accommodations.
Location
State FL
County Broward
Area 3020
Others
Tax ID 514222090550
Listed by ONE Commercial LLC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "